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First rank in Dow Jones Sustainability Index (DJSI) Europe.
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Second rank in DJSI World.
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Upgrade in the ESG ratings of ISS and MSCI.
LANXESS'commitment to greater sustainability is again paying off in fiscal 2020: Thespecialty chemicals company is at the top of the Dow Jones Sustainability Index(DJSI) Europe in the ‘Chemicals’ category, as it was last year, and improved tosecond place in the DJSI World. LANXESS is, thus, included in the DJSI Europefor the fourth consecutive year and in the DJSI World for the tenth consecutiveyear.
Thecompany achieved particularly good results in the areas of climate strategy,human rights as well as management of water-related risks.
Forthe Dow Jones Sustainability Indices financially relevant environmental, socialand governance (ESG) factors are evaluated once a year. Only the best 10 per centof the global companies analysed in each sector are included in the DJSI World,while the best 20 per cent of companies headquartered in Europe are included inthe DJSI Europe.
Sustainabilityrating agencies upgrade LANXESS
Inaddition, the rating agencies ISS and MSCI, which specialize in sustainability,have upgraded LANXESS in their renowned ESG ratings. ISS-ESG has upgraded LANXESS this year by twonotches from C to B-. The specialty chemicals company also received ‘prime’status for the first time, placing it among the top eight per cent of the 170companies listed in the ‘Chemicals’ sector.
ISS-ESG evaluates more than 100 industry-specificindicators. LANXESS scored particularly well in the areas of environmentalmanagement, corporate governance, and business ethics as well aseco-efficiency.
MSCI ESG Research has also upgraded the rating forLANXESS from BBB to A. The climate strategy, the well-formulated principles ofcorporate governance and the robust efforts in the area of chemical safety haveled to the improvement. The MSCI rating shows how resilient a company is tolong-term, financially relevant ESG risks.